Re: You Can See Romney Grinning . . . From Outer Space

The Republicans created the big deficit and huge debt on purpose with
their starve-the-beast strategy. The basic idea is to "bankrupt" the
government and use the deficits as an excuse to cut programs like
Social Security, Medicare, FEMA, OSHA, and the EPA, etc. I did a post
on the subject in April 2009. Wikipedia also has an article on the
Republican starve-the-beast strategy:
http://tinyurl.com/NewTestamentRighties
http://en.wikipedia.org/wiki/Starve_the_beast

There are some interesting, background articles on the starve-the-
beast strategy at the following websites:
http://www.nytimes.com/1996/09/29/us/dole-in-choosing-kemp-buried-a-bitter-past-rooted-in-doctrine.html?sec=&spon=&pagewanted=all
http://tinyurl.com/KemptheRightard

They didn't, however, cause the economic collapse on purpose. That all
started with Bush's ownership society and was caused by greed and
incompetence.




On Jun 1, 7:46 am, mg <mgkel...@yahoo.com> wrote:
> Europe is slowing down and is in big trouble. India is slowing down.
> China is slowing down and there is nothing but ugly numbers out this
> morning on the U.S. economy. Stock futures before the open are way
> down. Commodities have been getting slaughtered for a long time now.
> Crude oil is down to about $83/bbl (but gas prices aren't down much of
> course). The yield on the 10-yr bond now under 1.5%. Germany's DAX is
> down over 3% this morning and the Germans have the best economy in
> Europe. The DOW is down about 175 right now.http://www.cnbc.com/id/47643788
>
> When you think about it, the terrorists didn't really do much damage
> to the U.S. economy on 9/11, but the mess that Bush left us in is
> probably about the worst in U.S. history. Will we ever completely
> recover from this? I doubt it.

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